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Wednesday, October 2, 2024

Daily GK Update- 2nd Oct, 2024

 NATIONAL UPDATES:

 

1. 7th Rashtriya Poshan Maah 2024 closing ceremony held in Ranchi: The 7th Rashtriya Poshan Maah 2024 ended on 30 September 2024 with an official ceremony in Ranchi, Jharkhand. The Union Minister for Women and Child Development, Annpurna Devi, presided over the closing ceremony.The 7th Rashtriya Poshan Maah 2024 was officially launched on 1 September 2024 by Annpurna Devi and Gujarat Chief Minister Bhupendrabhai Patel in Gandhinagar, Gujarat.The Rashtriya Poshan Maah is held annually from 1-30 September 2024.The 7th Rashtriya Poshan Maah focused on Anaemia, Growth Monitoring, Complementary Feeding, and Poshan Bhi Padhai Bhi. It also focused on Technology for better governance and. ‘Environmental Sustainability’. The Anganwadi centers across the country were encouraged to plant trees under the Ek Ped Maa Ke Naam initiative to promote environmental sustainability.

 

2. CSIR-NIScPR Commemorates 83 Years of Scientific Excellence of CSIR: CSIR-National Institute of Science Communication and Policy Research (CSIR-NIScPR) celebrated the 83rd Foundation Day of the Council of Scientific and Industrial Research (CSIR) at the National Agricultural Science Complex, Pusa, New Delhi.On the occasion, a special issue of ‘Science Reporter’, a monthly publication of CSIR-NIScPR was also released during the event. The title of the issue is “Science Reporter: A Six Decade Journey in Science Communication (1964-2024)”.Awards were distributed by distinguished guests to retirees, employees completing 25 years of service, and meritorious 10th and 12th-class students.

 

3. PM Narendra Modi participates in Swachh Bharat Diwas 2024: Prime Minister Narendra Modi has participated in the Swachh Bharat Diwas 2024 programme on the occasion of 155th Gandhi Jayanti in New Delhi.The event marks the completion of 10 years of the launch of one of the most significant mass movements for cleanliness, the Swachh Bharat Mission.The Prime Minister will launch several projects related to sanitation and cleanliness, worth over nine thousand six hundred crore rupees. These include projects under AMRUT and AMRUT 2.0, National Mission for Clean Ganga and 15 Compressed Biogas Plant projects under GOBARdhan Scheme.The Swachh Bharat Diwas programme will showcase India’s decade-long sanitation achievements and those in the recently concluded Swachhata Hi Seva campaign. It will also set the stage for the next phase of this national endeavour.

 

4. Cruise Bharat Mission launched to promote Cruise Tourism: The ‘Cruise Bharat Mission’ is a new project launched by the Indian government to promote cruise tourism in India.Union Minister Sarbananda Sonowal officially inaugurated at Mumbai port on the cruise ship ‘Empress’.The mission aims to tap into India’s potential as a major cruise destination and increase the number of people who travel by cruise ships. The goal is to double cruise passenger traffic by the year 2029.

 

5. Who will implement the Cruise Bharat Mission?: The Union Ministry of Ports, Shipping and Waterways is the nodal ministry for implementing the Cruise Bharat Mission.The mission will be implemented with the support of all regulatory agencies, such as Customs, Immigration, CISF, State Tourism Departments, State Maritime Agencies, District Administrations, and local police.

The ministry will establish a special purpose vehicle (SPV) for cruise development under the Indian Ports Association. The Indian Port Association is an association of major ports in India.

 

6. Govt gives additional charge of Rashtriya Ispat Nigam CMD to Ajit Kumar Saxena: The Union government has assigned the additional charge of CMD of Rashtriya Ispat Nigam Limited (RINL) to Ajit Kumar Saxena.Saxena is currently the Chairman and Managing Director (CMD) of MOIL, a PSU under the Ministry of Steel.Atul Bhatt the CMD of RINL is on personal leave from September 9 till November 30, which is also the date of his superannuation.

 

7. Ram Singh, Saugata Bhattacharya, Nagesh Kumar appointed as new MPC members: The Government has appointed the Director of the Delhi School of Economics, Ram Singh, noted economist Saugata Bhattacharya, and the Director of the Institute for Studies in Industrial Development, Nagesh Kumar, to the Monetary Policy Committee.The panel, which decides interest rates, is headed by the Reserve Bank of India Governor.The reconstituted MPC is scheduled to have its first meeting from October 7 to 9. Following the MPC meeting, Governor Das will announce the bi-monthly monetary policy on October 9.The members of the MPC appointed by the central government will hold office for a period of four years, with immediate effect or until further orders, whichever is earlier.

 

8. 2 October – Mahatma Gandhi and Lal Bahadur Sastri Birth Anniversary: The nation celebrated Gandhi Jayanti on October 2, to honour the birth anniversary of Mahatma Gandhi, affectionately known as Bapu, the father of the nation. This year marks the 155th birth anniversary of Gandhi.October 2 also holds global significance as the International Day of Non-Violence. On June 15, 2007, the UN General Assembly adopted a resolution declaring October 2 as the International Day of Non-Violence, in recognition of Gandhi’s contributions to non-violent resistance.Gandhi earned the title “Father of the Nation” from Netaji Subhash Chandra Bose for his pivotal role in India’s fight for independence.Lal Bahadur Shastri Jayanti is celebrated every year on October 2nd to honor the birth anniversary of India’s third Prime Minister, Lal Bahadur Shastri.

 

INTERNATIONAL UPDATES:

 

1. 1 October – International Coffee Day: International Coffee Day is celebrated on 1st October every year to promote and celebrate coffee as a beverage.Theme 2024 – Coffee, Your Daily Ritual, Our Shared Journey International Coffee Day was celebrated for the first time on October 1, 2015. It was organised by the International Coffee Organisation (ICO), which was established in 1963. Hosted by the ICO, International Coffee Day promotes the fair trade of the beverage.

OTHER UPDATES:

DEFENCE

 

1. Arti Sarin becomes first woman to take over as DG, Armed Forces Medical Services: Surgeon Vice Admiral Arti Sarin became the first woman officer to take over as the Director General, Armed Forces Medical Services (DGAFMS).The DGAFMS is directly responsible to the Ministry of Defence for overall medical policy matters which relate to the Armed Forces.Prior to assuming the appointment of 46th DGAFMS, the Flag Officer held the coveted appointments of DG Medical Services (Navy), DG Medical Services (Air) and Director & Commandant of Armed Forces Medical College (AFMC), Pune. She is an alumna of AFMC, Pune and was commissioned into the Armed Forces Medical Services in December 1985.The Flag Officer has the rare distinction of serving in all three branches of the Indian Armed Forces, having served as Lieutenant to Captain in the Indian Army, from Surgeon Lieutenant to Surgeon Vice Admiral in the Indian Navy, and as an Air Marshal in the Indian Air Force.

 

SPORTS 

 

1. India wins SAFF U-17 Championship 2024 after beating Bangladesh: The undefeated Indian football team lifted the 2024 Men’s SAFF U17 Championship by defeating Bangaldesh 2-0 in the final.The final was played at the Changlimithang Stadium in Thimphu, Bhutan.The Indian boy’s football team, also famously known as Blue Colts, remained undefeated throughout the tournament.India and Bangladesh have met five times in the SAFF men’s age group tournament finals. India has won four times – U18 in 2019, U20 in 2022, U16 in 2023 and U17 in 2024. Bangladesh has won once in U16 in 2015.Seven teams -India, Bangladesh, Maldives, Nepal, Sri Lanka and Pakistan participated in the 2024 Men’s SAAF U17 Championships.India, Bangladesh, and the Maldives were in Group A, and Pakistan, Sri Lanka, Nepal, and Bhutan were in Group B.

Captain of Indian team – Ngamgouhou Mate

 

2. Virat Kohli becomes fourth player to complete 27,000 international runs: Indian batsman Virat Kohli became only the fourth player in history to complete 27,000 runs in international cricket across formats, a feat that he achieved on the fourth day of the ongoing second Test against Bangladesh here.Kohli made a brisk 47 off 35 balls with four fours and a six as he helped India push on further in an aggressive mode to make up for the lost time in the Test due to incessant rains.Kohli became only the second Indian to achieve the feat after the Master Blaster Sachin Tendulkar, who amassed a massive 34,357 runs across the length of his career. He is also the fastest batter to reach 27000 runs, reaching the impressive landmark in just 594 innings.Sachin is followed by Sri Lanka’s Kumar Sangakkara (28,016 runs) and, Australia’s Ricky Ponting at third (27,483 runs).Kohli has more than 8,800 runs in Tests, 13,906 runs in 295 ODIs, and another 4,188 runs in 125 T20Is. He has only retired from the T20 format after India won the T20 World Cup 2024 earlier this year. India’s talisman is still a long way from matching Sachin’s record, as the former cricketer scored 15,921 runs in 200 Tests.

BANKING AND FINANCE

 

1. IBBI to celebrate its Eighth Annual Day: The Insolvency and Bankruptcy Board of India (IBBI) is celebrated its Eighth Annual Day on 1st October 2024.To mark the occasion, an annual publication, IBBI has Over the past eight years, the IBC has significantly accelerated the resolution of insolvency cases, bolstered investor and stakeholder confidence and fostering a more favourable environment for business growth.The Code’s deterrent effect, enabling the transfer of control of a Corporate Debtor, has significantly influenced debtor behaviour. The risk of ownership transfer is a strong incentive, encouraging disciplined management and discouraging insolvency-triggering actions.

 

2. SEBI approved new asset class for HNIs with riskier appetite: Market regulator Securities and Exchange Board of India (SEBI) approved a new asset class, allowing high-net-worth investors to invest in riskier regulated products.The new asset class is to have a minimum investment amount of Rs 10 lakh. The offerings under the new product will be referred to as ‘Investment Strategies’, to maintain a clear distinction from the schemes offered under the traditional mutual funds.The new product is intended to add depth and variety to the investment landscape of the country through a new asset class.SEBI floated a consultation paper on introducing a ‘New Asset Class’ in July, inviting public comments by August 6, 2024.The move is aimed at creating a new product that lies between mutual funds and portfolio management services (PMS), catering to investors with higher risk-taking capabilities and larger ticket sizes. Among other important decisions, the regulator also approved rules for a new investment product under mutual funds.

 

3. GST collections hit a 40-month low in September, with revenues at ₹1.73 lakh crore: Growth in India’s Gross Goods and Services Tax (GST) collections slumped to a 40-month low of 6.5% in September, with revenues at ₹1,73,240 crore, about 1% lower than the tally in August.Net GST receipts, after adjusting for refunds made to taxpayers, were 3.9% higher than a year ago, marking the slowest growth in this financial year.However, net collections were 1.5% higher than August’s receipts, at ₹1,52,782 crore. In the preceding month, net GST receipts had grown 6.5% while gross collections were up 10%.As many as seven States recorded negative revenue growth, led by a 33% contraction in Manipur, while revenues were flat in Gujarat. Ten States underperformed the national level 6% uptick in domestic revenues, including Telangana (1%), Rajasthan (2%), Uttar Pradesh (3%), and Tamil Nadu, Maharashtra and West Bengal (5% each). Poll-bound Haryana recorded the sharpest rise in revenues of 24%, followed by Delhi where receipts grew 20%.


 


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